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Moneta Money Bank as (MONET.PR)

MONET.PR on Prague Stock Exchange

73.00CZK
7:55pm IST
Change (% chg)

-0.30Kč (-0.41%)
Prev Close
73.30Kč
Open
73.55Kč
Day's High
73.85Kč
Day's Low
72.75Kč
Volume
1,733,491
Avg. Vol
882,875
52-wk High
82.80Kč
52-wk Low
70.00Kč

Latest Key Developments (Source: Significant Developments)

MONETA Money Bank beats Q2 profit estimates, lifts guidance
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK H1 NET PROFIT CZK 2.01 BILLION.MONETA MONEY BANK EXPECTS FY 2019 CONSOLIDATED NET PROFIT OF AT LEAST CZK 3.8 BILLION (PREVIOUS OUTLOOK CZK 3.7 BILLION).MONETA MONEY BANK EXPECTS DIVIDEND PER SHARE OF CZK 6.65 TO BE PAID FROM FY 2019 (PREVIOUS OUTLOOK CZK 6.65).MONETA MONEY BANK Q2 NET PROFIT CZK 1.03 BILLION VERSUS CZK 0.997 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q2 NET BANKING INCOME CZK 2.64 BILLION VERSUS CZK 2.58 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK SAYS REMAINS COMMITTED TO MEDIUM-TERM MINIMUM DIVIDEND GUIDANCE OF CZK 10.2 BILLION, REPRESENTING CZK 6.65 PER SHARE FOR 2019, 2020 AND 2021 FINANCIAL YEARS.MONETA MONEY BANK SAYS EXPECTS OVERALL COST OF RISK FOR 2019 TO BE BETWEEN 35 AND 45 BPS, 10 BPS LOWER THAN PREVIOUS OUTLOOK.  Full Article

Moneta Money Bank sells CZK 600 mln in NPLs, to book CZK 65 mln gain
Friday, 21 Jun 2019 

June 21 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK ANNOUNCES ADDITIONAL DISPOSAL OF LEGACY NON-PERFORMING LOAN PORTFOLIO.MONETA MONEY BANK SAYS NOMINAL VALUE OF DISPOSED NPLS CZK 600 MILLION.MONETA MONEY BANK SAYS WILL GENERATE PRE-TAX GAIN OF APPROXIMATELY CZK 65 MILLION.MONETA MONEY BANK SAYS NPL RATIO WILL IMPROVE BY APPROXIMATELY 0.2 PERCENT.  Full Article

MONETA Money Bank Q1 meets estimates, raises dividend outlook
Thursday, 2 May 2019 

May 2 (Reuters) - MONETA Money Bank as ::MONETA MONEY BANK Q1 NET PROFIT CZK 0.983 BILLION VERSUS CZK 0.989 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q1 NET BANKING INCOME CZK 2.55 BILLION VERSUS CZK 2.54 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK EXPECTS DIVIDEND PER SHARE OF CZK 6.65 PAID FROM FY 2019 (PREVIOUS OUTLOOK CZK 5.4).MONETA MONEY BANK EXPECTS FY 2019 CONSOLIDATED NET PROFIT OF AT LEAST CZK 3.7 BILLION (PREVIOUS OUTLOOK CZK 3.7 BILLION).MONETA MONEY BANK EXPECTS COST OF RISK IN FY 2019 BETWEEN 45-55 BPS (PREVIOUS OUTLOOK 45-55 BPS).MONETA MONEY BANK SAYS MEDIUM TERM MINIMUM DIVIDEND COMMITMENT INCREASED TO CZK 10.2 BILLION FROM CZK 8.6 BILLION DUE TO IMPROVED CAPITAL POSITION, ANTICIPATION OF CHANGES TO CAPITAL STRUCTURE.MONETA MONEY BANK SAYS INTENDS TO MAINTAIN CAPITAL TARGET AT 15.5 PERCENT, DIVERSIFY CAPITAL BASE THROUGH RELEVANT DEBT INSTRUMENTS.  Full Article

Moneta: price for Air Bank,Home Credit to be capped at CZK 18.5 bln
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Moneta Money Bank as ::MONETA SAYS ACQUISITION PRICE FOR AIR BANK TO BE CAPPED AT CZK 18.5 BILLION.MONETA SAYS AIR BANK ACQUISITION PRICE NOT TO EXCEED 1.9X CONSOLIDATED EQUITY OF TARGET COMPANIES.MONETA SAYS NEW MONETA STOCK TO BE ISSUED TO SELLING PARTIES AT CZK 78.5 PER SHARE WITHOUT RIGHT TO 2018 DIVIDEND; CURRENT SHAREHOLDERS TO BE OFFERED STOCK AT MARKET PRICE.MONETA SAYS FINAL SHARE OF SELLING PARTIES ON MONETA EQUITY SHOULD NOT EXCEED 15 PERCENT; MONETA STOCK TO BE OFFERED TO NEW INVESTORS AS WELL.MONETA SAYS CAPITAL STRUCTURE TO BE STRENGTHENED BY TIER 1 AND TIER 2 INSTRUMENTS.MONETA SAYS PROPOSING THAT SELLING PARTIES HAVE 1 SUPERVISORY BOARD SEAT INSTEAD OF 2.MONETA SAYS AIMS TO COMPLETE TALKS ON PARAMETRES OF TRANSACTION BY MARCH 8; IF AGREED, TO PROPOSE ACQUISITION TO SHAREHOLDERS AT GENERAL MEETING IN SECOND HALF OF APRIL.  Full Article

Moneta Money Bank: shareholders will not have to give up pre-emptive rights in potential Air Bank deal
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK CEO SAYS, ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK, BOTH SIDES UNDERSTAND TRANSFORMATIVE NATURE OF OPPORTUNITY, OPTIMISTIC WILL COME TO AGREEMENT.MONETA MONEY BANK CEO SAYS, ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK,IF THE TRANSACTION GOES AHEAD EXISTING SHAREHOLDERS WILL NOT HAVE TO GIVE UP PRE-EMPTIVE RIGHTS.MONETA MONEY BANK CEO SAYS, ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK, NEGOTIATING STRUCTURE WHERE HOME CREDIT GROUP STAKE IN BANK WOULD BE LOWER.MONETA MONEY BANK CEO SPURNY SAYS "NEARLY FINISHED" WITH SALE OF NPL PORTFOLIOS.  Full Article

Moneta Money Bank 2018 profit up, dividend proposed at CZK 6.15/share
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK FY 2018 NET PROFIT CZK 4.2 BILLION (VERSUS GUIDANCE CZK 4.1 BILLION).MONETA MONEY BANK SAYS PROPOSING DIVIDEND PAYOUT OF CZK 6.15 PER SHARE.MONETA MONEY BANK EXPECTS FY 2019 CONSOLIDATED NET PROFIT, EXCLUDING PLANNED AIR BANK ACQUISITION, OF AT LEAST CZK 3.7 BILLION.MONETA MONEY BANK EXPECTS DIVIDEND PER SHARE OF CZK 5.4 FROM FY 2019.MONETA MONEY BANK EXPECTS COST OF RISK IN FY 2019 BETWEEN 45-55 BPS.MONETA MONEY BANK SAYS GUIDANCE ASSUMES ORGANIC GROWTH WITHOUT REGARD TO POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK.MONETA MONEY BANK Q4 NET BANKING INCOME CZK 2.64 BILLION VERSUS CZK 2.53 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q4 NET PROFIT CZK 837 MILLION VERSUS CZK 779 MILLION SEEN IN REUTERS POLL.MONETA MONEY BANK SAYS NET INTEREST INCOME RETURNED TO GROWTH ON Y/Y BASIS IN 2018.MONETA MONEY BANK SAYS ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK REVIEW OF COMBINED 2018 FINANCIAL STATEMENTS STILL PENDING.MONETA MONEY BANK SAYS ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK TRANSACTION PRICE AND STRUCTURE UNDER DISCUSSIONS.MONETA MONEY BANK SAYS ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK FINAL PROPOSAL MUST BE APPROVED BY MANAGEMENT, TO BE COMPLETED BY 2ND WEEK OF MARCH.MONETA MONEY BANK SAYS ON POTENTIAL ACQUISITION OF AIR BANK AND HOME CREDIT CZ&SK THAT SHAREHOLDER MEETING TO BE POTENTIALLY PROPOSED THROUGH REGULAR AGM IN 2ND HALF OF APRIL.  Full Article

Moneta allowed to use 30 pct of H1 profit in common equity Tier 1
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK GETS NOD FROM CENTRAL BANK TO INCORPORATE 30 PERCENT OF 2018 MID-YEAR PROFIT INTO COMMON EQUITY TIER 1.  Full Article

Moneta Money Banks lifts profit, dividend outlook after NPL sale
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK SAYS HAS RAISED 2018 CONSOLIDATED NET PROFIT GUIDANCE TO CZK 4.0 BILLION (PREVIOUS CZK 3.7 BILLION), LIFTS 2018 DIVIDEND OUTLOOK TO CZK 5.5/SHARE (PREVIOUS CZK 5.0/SHARE).MONETA MONEY BANK SAYS SOLD NPL PORTFOLIO WITH NOMINAL VALUE CZK 1.2 BILLION TO B2 KAPITAL CZECH REPUBLIC, PRE-TAX GAIN CZK 360 MILLION.MONETA MONEY BANK RAISES OUTLOOK FOR 2018 LOAN BOOK GROWTH TO 11 PERCENT Y/Y (PREVIOUS 9 PERCENT).MONETA MONEY BANK SAYS HAS ASKED CZECH NATIONAL BANK TO ISSUE CLEARANCE TO INCORPORATION OF 30 PERCENT OF 2018 MID-YEAR PROFIT INTO MONETA CAPITAL.MONETA MONEY BANKS SAYS IF THIS MOVE CONFIRMED, EXPECTS CAPITAL ADEQUACY RATIO IN RANGE OF 15.9-16.3 PERCENT BEFORE END-2018.  Full Article

Moneta Money Bank CEO sees upside potential to dividend outlook
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK CEO SPURNY SAYS THERE IS UPSIDE POTENTIAL TO DIVIDEND OUTLOOK.MONETA MONEY BANK CEO SAYS IN H2 WE WILL CONSIDER ALTERING CAPITAL STRUCTURE THROUGH POTENTIAL BOND ISSUANCE.MONETA MONEY BANK CEO SAYS BANK WILL SEEK TO COMPLETE ONE MORE NPL SALE AT END Q3.MONETA MONEY BANK CEO SAYS HAS BEEN CONSISTENT IN SAYING BANK WOULD PREFER TO BE A BUYER RATHER THAN TARGET IN ANY BANKING SECTOR CONSOLIDATION.MONETA MONEY BANK CEO SAYS BELIEVES WE ARE AT THE PEAK OF THE COUNTERCYCLICAL BUFFER RATE.Q2 earnings and outlook: nP7N1SO002.  Full Article

Moneta prepared to support buyout offer, has not received any
Monday, 2 Jul 2018 

July 2 (Reuters) - Moneta Money Bank as ::MONETA BOARD SAYS IS PREPARED TO SUPPORT ANY MEANINGFUL OFFER FROM POTENTIAL BUYERS TO BUY MONETA.MONETA SAYS HAS NOT BEEN CONTACTED SO FAR AND HAS LEARNED ABOUT RAIFFEISENBANK'S POTENTIAL INTEREST FROM THE MEDIA.  Full Article

UPDATE 1-Czech bank MONETA lifts dividend outlook, plans share buyback

PRAGUE, May 2 Czech lender MONETA Money Bank increased its planned dividend payout for the next three years on Thursday and said it would seek approval for a share buyback programme.